The Bankster’s Stenographer Claims Credit for Private Equity

By: emptywheel Tuesday November 16, 2010 12:24 pm

For some reason, Andrew Ross Sorkin felt the need to weigh in on the debate over whether Rick Wagoner or Team Auto should get credit for GM’s turnaround. He probably shouldn’t have, seeing as how some of his evidence against Wagoner is that “he wasn’t able or willing to cull failing brands like Pontiac, for [...]

Rattner, Wagoner, and How to Run a Car Company

By: emptywheel Monday November 1, 2010 6:37 am

I’m going to have a few follow-up posts about Steven Rattner’s Overhaul generally and Saturday’s book salon on it. But for the moment, I wanted to add something to two excellent reviews of it by Malcom Gladwell and Felix Salmon. Together, they both distinguish between the product GM makes and the debt it had. Here’s [...]

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